Your budget is low and will end up with locked Intel CPU so stock cooler will do the job fine, no need to spend money on water cooler AIO.

Intel Core i5 4460 - RM 827
Asus B85M-G - RM 329
Kingston HyperX Fury 8GB DDR3 1600MHz RAM - RM 220
Gainward GTX960 2GB GDDR5 Reference OC - RM 799
WD Blue 1TB HDD - RM 225
FSP Hexa+ 550W - RM 169
Thermaltake Versa H25 - RM 139

Total: RM 2708 (Techview price inclusive of GST)

This build is based on Haswell (4th gen) instead of Skylake (6th gen) due to budget unable to fit Skylake.

If you insist to get water cooler AIO, the cheapest one is Deepcool Maelstrom 120T at RM 199.